The Woman FIRED them ALL!

[Skankster]

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I saw this article and thought to myself -- this is not a typical US biz practice --

Then I realized that the prez of HP is a woman.
I know I am going to get flamed for this comment but I think it is a valid debate... Did all these execs get fired because the prez is a woman?

HP chief executive Carly Fiorina said in an early morning conference call that, while results in the firm's personal computer business were strong, they were more than overwhelmed by weakness in computer server and storage sales to businesses.


Computer hardware maker Hewlett-Packard Co. posted what it called "unacceptable" financial results and reduced its forecast for the current quarter yesterday, triggering a management shake-up and sending the firm's stock -- and helping to send the market as a whole -- into a tailspin.

However, I do think that a management shake up is better for HP in the long run... but that is not really the result shareholders want to see. Now the pressure is on Carly to perform in 1 quarter or she will be ousted. Those are just the facts of life.

Does anyone out there think that Carly could have busted up the 'ol boys club' without consequence to her own career?

[amdg]

Management style
Fiorina is known as a charming and extremely effective communicator. She was brought into HP because of her ability to shake things up. She forms close relationships with people she works with, often rewarding their successes with personal gifts.



I'd hit it.

[vir-jin]

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I saw this article and thought to myself -- this is not a typical US biz practice --

Then I realized that the prez of HP is a woman.
I know I am going to get flamed for this comment but I think it is a valid debate... Did all these execs get fired because the prez is a woman?

HP chief executive Carly Fiorina said in an early morning conference call that, while results in the firm's personal computer business were strong, they were more than overwhelmed by weakness in computer server and storage sales to businesses.




Computer hardware maker Hewlett-Packard Co. posted what it called "unacceptable" financial results and reduced its forecast for the current quarter yesterday, triggering a management shake-up and sending the firm's stock -- and helping to send the market as a whole -- into a tailspin.

However, I do think that a management shake up is better for HP in the long run... but that is not really the result shareholders want to see. Now the pressure is on Carly to perform in 1 quarter or she will be ousted. Those are just the facts of life.

Does anyone out there think that Carly could have busted up the 'ol boys club' without consequence to her own career?

As there are still men out there astonished on happenings like that I am really near to getting headache. how can I convince you that she only learned by her- I guess- male teachers and used the fine sides of the business in her own style. come on and think how to get her under control- if you think you have to- in your own style. what consequence could it have to her career if nobody has been faster than her? I guess you have to wait some time to see how she handles the aftermath ! I guess women have to be smarter in the same position until the end of the human race. but if they are smarter and more creative than the male counterpart it turns to be somehow art, am I right? It is beautiful to see how she uses her power and even you are attracted by that as you proofed by posting this message. You don't get anything by destroying art, am I right? And by the way, good art costs a lot!
cheeeers to carly, you did good and clean work!

[Skankster]

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I saw this article and thought to myself -- this is not a typical US biz practice --

Then I realized that the prez of HP is a woman.
I know I am going to get flamed for this comment but I think it is a valid debate... Did all these execs get fired because the prez is a woman?

HP chief executive Carly Fiorina said in an early morning conference call that, while results in the firm's personal computer business were strong, they were more than overwhelmed by weakness in computer server and storage sales to businesses.




Computer hardware maker Hewlett-Packard Co. posted what it called "unacceptable" financial results and reduced its forecast for the current quarter yesterday, triggering a management shake-up and sending the firm's stock -- and helping to send the market as a whole -- into a tailspin.

However, I do think that a management shake up is better for HP in the long run... but that is not really the result shareholders want to see. Now the pressure is on Carly to perform in 1 quarter or she will be ousted. Those are just the facts of life.

Does anyone out there think that Carly could have busted up the 'ol boys club' without consequence to her own career?

As there are still men out there astonished on happenings like that I am really near to getting headache. how can I convince you that she only learned by her- I guess- male teachers and used the fine sides of the business in her own style. come on and think how to get her under control- if you think you have to- in your own style. what consequence could it have to her career if nobody has been faster than her? I guess you have to wait some time to see how she handles the aftermath ! I guess women have to be smarter in the same position until the end of the human race. but if they are smarter and more creative than the male counterpart it turns to be somehow art, am I right? It is beautiful to see how she uses her power and even you are attracted by that as you proofed by posting this message. You don't get anything by destroying art, am I right? And by the way, good art costs a lot!
cheeeers to carly, you did good and clean work!

COME ON!!

Do you honestly think she wont get tagged as a bitch and get ousted?

I predict the remainder of her career as CEO wont last more than 1 more year.
That is just the way it is.

[Akisa]

Management style
Fiorina is known as a charming and extremely effective communicator. She was brought into HP because of her ability to shake things up. She forms close relationships with people she works with, often rewarding their successes with personal gifts.



I'd hit it.

There's something about a powerful woman ne? You better do it right though or you will be the one "shaken up".

[cstaylor]

C'mon guys, get a clue. The VP's that got cut work for Carly. She's responsible for the company owned by the stockholders, controlled by the board of directors. If she doesn't feel like the current staff are cutting it, they get cut.

[Mulboyne]

I saw this article and thought to myself -- this is not a typical US biz practice

I'm not sure that it is possible to identify "typical US business practice" because the scope of the economy is so large. But I don't see the moves at HP as exceptional. If you want an overly aggressive CEO, look no further than Al "Chainsaw" Dunlap.

Al Dunlap
The chainsaw capitalist.

The most coldblooded businessman around, Dunlap personifies the relentless logic of Wall Street. He champions efficiency and ruthlessness, and follows no higher principle than the value of his company's stock. If the market is controlled by an invisible hand, Dunlap is its iron fist
...What distinguishes Dunlap from his colleagues is that he takes pride in his toughness, expressing only cursory regret for having cashiered thousands of his workers.

Ken Lay, Al Dunlap, and the "Genius of Capitalism"
[quote]Which brings me to Al Dunlap. Remember Al Dunlap? "Chain Saw," as he was called? Like Ken Lay, he was once a celebrated CEO. He rose to particular prominence after serving for a little more than a year as the chief executive of then-struggling Scott Paper. He fired thousands of people, chain-sawed away at the company's assets, and sold the leftovers (at what subsequently looked like a wildly inflated price) to a competitor. Wall Street loved it, Scott's stock exploded, and Dunlap made a reported $100 million. He also write a self-congratulatory memoir&#8212]

[Skankster]

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How interesting re: Dunlap.

I am actually in Carly's corner. I just wonder if there will be repercussions???

[American Oyaji]

I remember when Carly got hired on at HP.

She pulled HP out of the dump it was in. Now its in a bit of trouble again and she's doing her best to pull it out.

[Skankster]

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http://www.linuxworld.com/story/45986.htm

"Is Carly Toast Yet?"

"Is Carly Toast Yet?" - Maureen O'Gara on HP's Fiorina, Three Years On
August 13, 2004
Summary
So here we are three weeks shy of the third anniversary of that fateful day when HP said it was going to buy Compaq, and Cleo, the muse of history, who gets spiteful when people ignore her, is sitting there saying, "I told you so." HP's enterprise storage and server unit, ostensibly the real reason HP bought Compaq, is a dud - the company's chronically worst performer - and whatever the temptation to blame weak spending - it's more an HP-specific problem than anything else.

I think it is coming. Someone is vying for her head (head position maybe)

[GridReaper]

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"Is Carly Toast Yet?"

HP's enterprise storage and server unit, ostensibly the real reason HP bought Compaq, is a dud - the company's chronically worst performer - and whatever the temptation to blame weak spending - it's more an HP-specific problem than anything else.

I think it is coming. Someone is vying for her head (head position maybe)

Speaking as a member of a corporate dotcom, people will be gunning for your head regardless of your gender. Carly broke one of the rules in business]. Fortunately, she's smart enough to make up for past mistakes, like teaming up with Apple to make HP-branded iPods ( http://www.hp.com/hpinfo/newsroom/press/2004/040108b.html ). If that works out, the crosshairs will move on to easier targets in the corp.

A female CEO is rare, but not surprising, and most definitely not offensive to the people I deal with here in Hawaii and Silicon Valley, Meg Whitman (CEO of eBay) and Carly Fiorina (CEO of HP/Comcrap) are tech CEOs that have a lot of respect in our circles.

A good article on the female CEO situation in the U.S.:
http://www.fastcompany.com/online/61/female_ceo.html

[vir-jin]

So here we are three weeks shy of the third anniversary of that fateful day when HP said it was going to buy Compaq, and Cleo, the muse of history, who gets spiteful when people ignore her, is sitting there saying, "I told you so." HP's enterprise storage and server unit, ostensibly the real reason HP bought Compaq, is a dud - the company's chronically worst performer - and whatever the temptation to blame weak spending - it's more an HP-specific problem than anything else.[/quote]

I think it is coming. Someone is vying for her head (head position maybe)[/quote]

My uncle was the top manager for compaq US and Europe until he quit two years ago cause he saw the buiz go down rapidly- and because he had decided to work no longer than 55 cause this job was killing. Carly, I jump out of the boat! you go on alone with the deal! You can't buy anything if the inner structure is not stabile! You did good cleaning job but what about shopping? did mom teach you shopping???

[GomiGirl]

Personally I don't understand why her gender should or would affect her business decisions but other people expect that it will so she is placed under more scrutiny.

Sure it is rare that there is a women in this position, but as GridReaper points out, it is not surprising.

To Skankster.... Just let her get on with her job and judge her on her performance... that is what the shareholders are doing.

[Mulboyne]

She's gone.

Telegraph: Carly Fiorina sacked as Hewlett chief
Carly Fiorina was ousted as chairman and chief executive of Hewlett Packard yesterday after falling out with the board over the future of the computer and printer giant. "While I regret the board and I have differences about how to execute HP's strategy, I respect their decision," said Ms Fiorina, who stands to collect a $21m pay-off.
The board said it had been reviewing her position for months, but only took the final decision on Tuesday afternoon, when it contacted Ms Fiorina and asked her to resign. She agreed. Shares in the company, which have fallen 63pc since Ms Fiorina was appointed, immediately jumped around 10pc as investors hoped the company could be broken up.

[fast_dave]

Ding-Dong the witch is dead!

[Mels]

Many of us cheered...we were waiting for this day. It isnt because she is a woman, it is becuase her ego got in the way and her business style sucked. I think they are also probing into other things she did as well.

The HP people I know had been waiting for this day...and she is out because of her performance. There are many things that dont come out in the news that only internal HP people know......I am happy for them all.

You are right, ding dong the witch is gone!

[FG Lurker]

I'm looking forward to reading what the Register and Inquirer have to say about it... They've been very vocal opponents of a lot of what she did at HP.

I wonder if HP will ever recover from the mess made during her tenure.

[Mels]

I'm looking forward to reading what the Register and Inquirer have to say about it... They've been very vocal opponents of a lot of what she did at HP.

I wonder if HP will ever recover from the mess made during her tenure.

Most are hoping they dont split the company up into three different divisions. But the merger hurt them, having HP Jr. step down and messing up their off shore division really did not help. So much internal crap.....I hope the new CEO can get this turned around....at least the market was celebrating with the boards decision, just wonderng why they took so long.

[Kuang_Grade]

From today's FT

Carly Fiorina will be paid $21.4m severance package after being fired as chief executive of Hewlett-Packard last week. She will also be able to keep her computer and receive free tech support for three months

Wow, 90 days of free tech support...Although I wouldn't bet on the quality of that support...'Oh, Hi Carly...uh...Ok....I see....Ok, I know how to fix that...first open up registry editor...Ok...See all those .dll things...Yeah, you need to get rid of them.' :P

[Mels]

From today's FT

Carly Fiorina will be paid $21.4m severance package after being fired as chief executive of Hewlett-Packard last week. She will also be able to keep her computer and receive free tech support for three months

Wow, 90 days of free tech support...Although I wouldn't bet on the quality of that support...'Oh, Hi Carly...uh...Ok....I see....Ok, I know how to fix that...first open up registry editor...Ok...See all those .dll things...Yeah, you need to get rid of them.' :P

and it is my friend who will have to fly out to her yacht in SF to give that support! He did that for her the whole time she was in office. Hmmm, I wonder if they will pay him more now? NO....that sucks and she sucks

[FG Lurker]

Speaking as a member of a corporate dotcom, people will be gunning for your head regardless of your gender. Carly broke one of the rules in business]. Fortunately, she's smart enough to make up for past mistakes, like teaming up with Apple to make HP-branded iPods ( http://www.hp.com/hpinfo/newsroom/press/2004/040108b.html ). If that works out, the crosshairs will move on to easier targets in the corp.

Ah yes... The "hPod".

HP was a great company once. A company that created things, not copied others' work. Even the logo "HP Invent" said it clearly.

HP is dying. Unless things are changed rather drastically HP is heading towards the junk heap. The Osborne of our time.

[Big Booger]

http://www.techzonez.com/comments.php?shownews=12138

Seems her marketing exec got sick of HP and made the switch to Apple...

[Mels]

http://www.techzonez.com/comments.php?shownews=12138

Seems her marketing exec got sick of HP and made the switch to Apple...

Yeah, heard that on the radio today....at first they made it sound as though she was axed....hope she has more fun at Apple